Hundreds of jobs are in danger of being lost as DHL Freight UK gets set to close its business after of a decade of losses. In a letter to staff seen by union GMB, DHL admitted that the part of the business had not been in a “profit making position since 2006”. It continued: “This has been due to a number of factors such as increased competition which has led to customer churn and not being able to fill our […]
DHL Supply Chain has again been forced to defend itself against union claims that it is “endangering thousands” with “inadequate” coronavirus social distancing and safety measures and by forcing self-isolating workers to survive on statutory sick pay (SSP).
Gist blamed one-off pension costs and retailers’ squeezing of supply chain providers for a 23% fall in pre-tax profit last year, but it still saw turnover rise by 7.2%. For the year ended 31 December 2011 pre-tax profit fell to just under £18.8m, from £24.5m the previous year. However, turnover rose 7.2% year-on-year from £379m to £406m. Gist chief executive Martin Gwynn told Motortransport.co.uk: “Business performance remains robust. Excluding the effect of the one-off pension charges, profit increased year-on-year despite […]
DHL Supply Chain has acquired the remaining shares in drinks distributor Tradeteam from Molson Coors.